Zakaria: The Decline and Fall of Europe - Newsweek: International Editions - MSNBC.com

Zakaria: The Decline and Fall of Europe - Newsweek: International Editions - MSNBC.com: "Feb. 20, 2006 issue - Cartoons and riots made the headlines in Europe last week, but a far less fiery event, the publication of an academic study, might shed greater light on the future of the Continent. The Organization for Economic Co-operation and Development, headquartered in Paris, released a report, Going for Growth, that details economic prospects in the industrial world. It is 160 pages long and written in bland, cautious, scholarly prose. But the conclusion is clear—Europe is in deep trouble. These days we all talk about the rise of Asia and the challenge to America, but it might well turn out that the most consequential trend of the next decade will be the economic decline of Europe."